Confucius Believed That Societies Were Better Off When Rulers Ruled

question 52

Essay

Confucius believed that societies were better off when rulers ruled by personal example rather than by coercion. What did he mean by this, and can you find examples that support this notion?

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Definitions:

Income Potential

The maximum earnings possible for a person or entity, considering various factors like skills, market demand, and economic conditions.

Expected Value

The anticipated value of a variable, computed as the sum of all possible values each multiplied by the probability of its occurrence.

Fair Bet

A betting proposition where the expected gains or losses are theoretically equal, implying no advantage to either side.

Zero Sum Game

A situation in-game theory where one participant's gain or loss is exactly balanced by the losses or gains of the other participants.